SPX transformers reports 20% increase in order intake for Q1/2020
Q1 2020 order intakes and revenues for the US-based company, SPX (Transformer segment), has increased by 22.6% and 12.2%, respectively, compared to the same quarter of last year (Q1 2019).
Order intake is one of the most important early indicators to help measure the estimated level of operation, as well as the capacity load of factories.
Business intelligence provider Fygen extracts data from all relevant current quarterlyreports which are available for public listed transformer manufactures. That data gets tracked back through the previous five years.
Fygen’s real-time intelligence service covers the trends for quarterly order intake and salesfrom more than 35 transformer companies globally, global power transformer trade flow, and production values.
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